Toyota pilots EV pickup trucks in key Thai market [Yahoo! Finance]
ISUZU MOTORS UNSP/ADR (ISUZY)
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Source: Yahoo! Finance
Revo pickup trucks in Thailand, a key Southeast Asian battleground for electric vehicles where Chinese players are challenging the dominance of Japanese automakers. "The battery EV Revo have been modified into song-taews for public transportation," Toyota Motor Thailand Executive Vice President Surapoom Udomwong said Thursday, referring to the pickup trucks that have been re-purposed for public transit. A motorcade of Toyota electric pickup trucks drove through the Thai seaside city of Pattaya some 100 km (62 miles) east of Bangkok, where the vehicles were deployed for fixed-route transit. The world's top-selling automaker's move in Thailand comes as Chinese EV brands make inroads into the region's main auto assembly and export hub. Japanese carmakers, such as Toyota Motors, Honda Motors and Isuzu Motors have for decades dominated the Thai auto sector. But government subsidies and tax incentives have brought a wave of investment from China, with its EV automakers committing
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